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The Philippine government’s tax revenue target appears “ambitious,” with value-added tax collections estimated to rise by 12.8 percent to P860 billion next year even without introducing major tax reforms, according to research and analysis firm BMI.
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Key PointsSandisk has shot up remarkably since its listing last year, and the company's long-term forecast suggests that it has room for more upside.
Direct holdings of IBIT also rose 12% to 407,890 shares, while put option exposure dropped roughly 53% to 143,300 underlying shares during the quarter.
ADNOC tankers have come under attack in recent days on the Strait of Hormuz, but the disruption is not being reflected on their balance sheet.
